María Del Carmen


Status: Paid Back

$400.00   Loan Request
$400.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: María Del Carmen
Location: Hato Nuevo, Dominican Republic
Activity: Clothing Sales

About the Loan

Loan Amount: $400.00
Loan Use: Purchase a large quantity of clothing to supply a small business.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 31, 2008
Date Disbursed: Apr 16, 2008
Date Funded:Apr 2, 2008
Loan Ended:Oct 18, 2008

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:34.0525 DOP = 1 USD



María Del Carmen, a single mother of four school-going children, lives in the Hato Nuevo community of San Cristobal, her hometown.


María Del Carmen has a lot of experience in running a business. She had been owner and operator of a grocery store, an auto repair shop and other small businesses.


Currently, she is running a clothing store. People visit her store each day to purchase fashionable pants, shirts, slippers, beauty products and the like.

The entrepreneur wants to increase her earnings from the business. With her loan, she will buy products that are running low in the store and also new products in order to attract new people.


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Lenders to this entrepreneur

Romeo & me
Akron, OH
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Dimitri
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Anonymous
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Jennifer
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Steven
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lurcio
hexham, Northumberland
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Karen
Charlottetown, Prince Edward Island
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Paul
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Carmine
Philadelphia, PA
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Robin
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Julie
Mt Mitchell, NSW
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Steven
Victoria, British Columbia
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Jeff & Chris
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Anders
Lund, Sweden,
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David
Portland, OR
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Journal entries for María Del Carmen


Loan has been disbursed
 
Entrepreneur: María Del Carmen
Location: Hato Nuevo, Dominican Republic

Thank you for your loan. It has been disbursed to María Del Carmen by Fundación San Miguel Arcángel, Inc. in Dominican Republic. We are excited to watch this business grow. Over the next 6 months, Fundación San Miguel Arcángel, Inc. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Hato Nuevo, Dominican Republic
Apr 16, 2008
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Kiva Help Repayment Schedule for María Del Carmen

  Expected Repayments Actual Repayments Comments
July 2008 $66.67 $67.00 Repayment Received
August 2008 $66.67 $67.00 Repayment Received
September 2008 $66.67 $67.00 Repayment Received
October 2008 $66.67 $67.00 Repayment Received
November 2008 $66.67 $67.00 Repayment Received
December 2008 $66.65 $65.00 Repayment Received